Send a Tweet
- Advertisement -
Most Popular Choices
Share on Facebook 9 Share on Twitter Printer Friendly Page More Sharing
General News    H3'ed 7/21/19

Oklahoma's EPIC Virtual Charter School: Too Much Money, Too Fast, and More, by Mercedes Schneider

Quicklink Submitted By     (# of views)   1 comment
Author 40790
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (24 fans)

Oklahoma officials have charged the EPIC online charter with fraud, alleging that its leaders siphoned off $10 million for themselves while inflating enrollments of ghost students. Schneider's  investigation uncovers the story,  that the corporation was created in 2009 for a variety of purposes, but not education. It eventually amended its filing to add education. In other words, the founders were entrepreneurs in search of a mark. In 2010, it had revenue of $60,000. After it went into the charter business, EPIC hit pay dirt. In 2016, it’s revenues exceeded $29 million.  The search warrant alleges that, between 2013 and 2018, EPIC  co-founders Chaney and Harris unlawfully received $10 million in profits from Epic Youth Services  and split the total.  using dressed-up audits and anemic tax forms,  using   this charter school as a revenue stream, nothing more.”

Read the rest of the story HERE:

At deutsch29.wordpress.com

 

- Advertisement -

Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)